HB 54

  • Virginia House Bill
  • 2020 Regular Session
  • Introduced in House Nov 25, 2019
  • House
  • Senate
  • Governor

Income tax, state; age deduction, increases income threshold for married filers.

Abstract

Income tax; age deduction; increase income thresholdfor married filers. Increases to $100,000 the threshold at whichthe income tax deduction for taxpayers 65 or older is reduced basedon income, as such threshold applies to married taxpayers filingjointly or separately. Under current law, the threshold for marriedtaxpayers is $75,000 and the threshold for individual taxpayers is$50,000.

Bill Sponsors (1)

Votes


Actions


Feb 11, 2020

House

Left in Finance

Feb 02, 2020

House

Impact statement from TAX (HB54)

Jan 16, 2020

House

Assigned Finance sub: Subcommittee #1

Nov 25, 2019

House

Prefiled and ordered printed; offered 01/08/20 20101388D

House

Referred to Committee on Finance

Bill Text

Bill Text Versions Format
Impact statement from TAX (HB54) HTML

Related Documents

Document Format
No related documents.

Sources

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